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Crypto whale up $11.5M on AI token position in 19 days

Crypto whales are betting big on AI tokens following the first autonomous onchain transaction between two AI agents.

A cryptocurrency whale — an investor with a large amount of capital — gained more than $11.5 million in unrealized profit on a recent crypto investment.

The unknown crypto whale bought over $10 million worth of the Virtuals Protocol (VIRTUAL) cryptocurrency, which serves as the utility token of the artificial intelligence agent launch platform.

The purchase generated more than $11.5 million worth of unrealized profit during the past 19 days, according to the onchain intelligence platform Lookonchain.

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Ethereum core developer departs for AI amid leadership concerns

ai16z mulls tokenomics shakeup, L1 launch

The agentic AI project’s contributors envision an AI-focused layer-1 with AI16Z as the native currency.

Agentic artificial intelligence platform ai16z is mulling launching its own layer-1 (L1) blockchain network as part of a broader tokenomics overhaul.

The project is considering creating a platform similar to pump.fun for launching AI agents, according to a post in its governance forum. It is also contemplating “[p]ositioning ai16z as an L1 blockchain for AI,” the post said.

Contributors of ai16z envision the AI agent launchpad as “the primary way to implement ‘flywheel’ tokenomics that drive value to $ai16z,” the project’s native token. 

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Ethereum core developer departs for AI amid leadership concerns

Despite the Bull Run Prices, AI Cryptos Are Struggling at 18th in Sector Rankings

Despite the Bull Run Prices, AI Cryptos Are Struggling at 18th in Sector RankingsThe latest market data shows artificial intelligence (AI)-focused coins haven’t quite joined the party, missing out on the notable gains witnessed across the crypto universe. AI Crypto Tokens: Who’s Winning and Who’s Falling Behind This Month? Over the last 30 days, the artificial intelligence (AI)-based crypto sector was a bit of a straggler, left in […]

Ethereum core developer departs for AI amid leadership concerns

AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone

AI Cryptos Spike as Broader Market Stays Flat, Sector Nears B MilestoneWhile the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29 billion mark. AI Crypto Sector Jumps 5.4% to $29B On Monday, while the broader crypto market saw a […]

Ethereum core developer departs for AI amid leadership concerns

AI-Focused Cryptos Outshine the Pack This Week, Bittensor Tops Gains

AI-Focused Cryptos Outshine the Pack This Week, Bittensor Tops GainsThis past week, the digital asset market experienced a broad upward trend, with the artificial intelligence (AI) crypto sector standing out as the top performer over the last seven days. This week, the AI-driven crypto sector climbed 30.59% against the U.S. dollar, with bittensor (TAU) leading the charge. TAU Surges, AI Crypto Market Hits $23.49B […]

Ethereum core developer departs for AI amid leadership concerns

Top AI Crypto Assets Rebound Despite Recent Month-Long Decline

Top AI Crypto Assets Rebound Despite Recent Month-Long DeclineAccording to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly […]

Ethereum core developer departs for AI amid leadership concerns

Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin

Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ CoinThe teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine Into a Single Coin Called ‘ASI’ In a communication dispatched to Bitcoin.com News, the […]

Ethereum core developer departs for AI amid leadership concerns

AI Crypto Sector Stands Tall Amid Market Decline, Economy Bolsters by $7.54B in Just 30 Days

AI Crypto Sector Stands Tall Amid Market Decline, Economy Bolsters by .54B in Just 30 DaysAmid a widespread downturn in the cryptocurrency markets this week, tokens based on artificial intelligence (AI) have nevertheless attracted billions of dollars in additional investment. In the last month, the AI-focused cryptocurrency sector has expanded by $7.54 billion, with the majority of the leading AI tokens—four out of the top five—experiencing notable gains since Feb. […]

Ethereum core developer departs for AI amid leadership concerns

Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase

Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — CoinbaseSince the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance of AI-related tokens can be attributed to AI headline […]

Ethereum core developer departs for AI amid leadership concerns

AI Crypto Assets Skyrocket With Over $10 Billion Added to the Sector in 17 Days

AI Crypto Assets Skyrocket With Over  Billion Added to the Sector in 17 DaysIn the last 17 days, the value of artificial intelligence (AI) cryptocurrency assets has soared, with a significant addition of $10.21 billion to their overall market value. This surge aligns with the unveiling of Openai’s latest innovation, a generative AI-powered application capable of converting text into video. AI Cryptocurrency Sector Explodes With 142% Growth Following […]

Ethereum core developer departs for AI amid leadership concerns